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Will we K-Pop (desi remix)? How India can turn Tata, Adani, Reliance into global titansForeign companies are exiting India for various reasons, from business failures to global strategy shifts. India aims to build national cha...- Indian government asks a US court to dismiss Cairn Energy's plea on $1.2 billion award, cites 'sovereign immunity'
- India asks US court to reject Cairn's $1.2 billion suitCairn had in May asked a US federal court to force Air India to pay a USD 1.26 billion arbitration award the firm had won in December.
- FM Nirmala Sitharaman says rules on retro tax to be framed soonNow the rules for the same have to be framed, which Sitharaman said will be done soon. The finance minister said her ministry officials are...
- Firms including Vodafone, Cairn look for clarity on India's retro tax moveAs India looks to axe the retrospective tax provisions many companies including Vodafone and Cairn have reached out to their tax advisors t...
- India to axe retro clause in 2012 tax law, paves way for settling litigation with Vodafone and CairnThe bill proposes to withdraw all back tax demands levied under the law, allows the government to refund tax collected and settle cases if ...
- ET View: A bold move to bury the retro tax ghostThe Bill, introduced in the Lok Sabha, nullifies the tax demand on the indirect transfer of Indian assets on transactions prior to 28 May 2...
- View: GoI should not contest Cairn, Vodafone awards in Indian courtsTo explain: all foreign arbitral awards are enforceable in India as India is a signatory to the New York Convention of 1963. However, India...
- Vodafone tax case: India files application in Singapore High Court against arbitration panel verdictThe demand pertained to Vodafone's USD 11-billion acquisition of 67 per cent stake in the mobile phone business owned by Hutchison Whampoa.
- Law has to be given effect to: CBDT chairman on Cairn, Vodafone international arbitration cases"We have already taken a decision in the case of Vodafone to go in for a further appeal. So far as Cairn is concerned, we are examining the...
- Is govt waiting for Cairn arbitration award to decide on Vodafone appeal?Sources with knowledge of the development said in case the arbitration panel upholds Indian government's tax demand against Cairn, it would...
- View: The BJP government should uphold its own pledge to end ‘tax terrorism’In the now-famous case, an international arbitration tribunal in The Hague recently ruled that India’s imposition of a huge tax liability o...
- Government weighs legal options in Vodafone tax arbitration caseLast month, an international arbitration court ruled that the Indian government seeking Rs 22,100 crore in taxes from telecom giant Vodafon...
- India may not accept arbitration orders annulling Cairn, Vodafone tax demandsWhile Vodafone is supposed to file its response to the government objection by July, India will respond to this by December, thereafter the...
- New move to settle retrospective tax cases, CBDT offers interest liability waiver to firmsIn cases where tax liability arose because of retrospective amendment to the law or a court ruling, the interest payable on the demand will...
- Open to out-of-court settlement of legacy tax issues: Hasmukh AdhiaCairn has already named former Bulgarian minister Stanimir A Alexandrov as its arbitrator. A third arbitrator is yet to be named in the cas...
- India needs to repudiate retrospective tax laws: Fund managerIndia needs to repudiate retrospective tax laws to get the much-needed foreign investments for achieving double digit growth rate, said a $...
- Cairn India slapped with Rs 20,495 crore tax demandIT department has slapped a Rs 20,495 crore tax demand on Cairn India for failing to deduct withholding tax on alleged capital gains made b...
- Cairn Energy to pay taxes due in India, UK on Vedanta dealBritish firm Cairn Energy said it will pay all taxes due, both in India and the United Kingdom, on the $8.48-billion sale of a majority sta...
- Cairn Energy to pay up to $1.1 bn in taxes on Vedanta dealCairn said it will pay all taxes due, both in India and the UK, on the $8.48 bn sale of a majority stake in its Indian arm to Vedanta Resou...
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